Iron ore rivals fight for $1.5b Oakajee port tender

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

29 Feb 2008

The Western Australian (WA) Government has given Midwest and Murchison Metals nine weeks to submit tenders to build a port at Oakajee. WA Planning and Infrastructure Minister, Alannah MacTiernan, said an announcement of the successful tenderer by mid-2008 should allow construction to commence by late 2009 and port operations to start by 2012. The timetable for tenders was welcomed by both Murchison and Yilgarn Infrastructure, which is proposing to built the port for Midwest. Both companies are confident of having adequate iron ore resources to justify the expenditure on a $A1.5bn port.